Standard Motor Products (SMP) Gross Margin (2010 - 2026)
Standard Motor Products (SMP) recorded Gross Margin of 32.82% in Q2 2026, up 2.27 percentage points from 30.55% a year earlier and up 1.97 percentage points from the prior quarter.
Standard Motor Products (SMP) Gross Margin (2010 - 2026) Analysis & Trends
On a TTM basis, Standard Motor Products' Gross Margin came in at 31.99% as of Jun 30, 2026, up 1.81 percentage points year-over-year; for FY2025, it was 31.23%, up 2.31 percentage points from FY2024.
- Annual Gross Margin has increased for three straight years, with a five-year change of +1.40 percentage points (FY2020 to FY2025).
- Across earlier years, Gross Margin came in at 28.92% in FY2024 (+0.29 pp), 28.63% in FY2023 (+0.74 pp), 27.89% in FY2022 (-1.14 pp) and 29.02% in FY2021 (-0.81 pp).
- The Q2 2026 figure is the highest quarterly Gross Margin since Q4 2020.
- On a year-over-year basis, Gross Margin has increased for eight consecutive quarters, with an average year-over-year change of +1.81 percentage points over the last eight quarters.
- Peak year-over-year performance for Gross Margin in the last five years was a gain of 3.16 percentage points in Q1 2025, against a drop of 4.69 percentage points in Q4 2021 at the low end.
- Per Business Quant, the preceding three quarters came in at 30.85% (Q1 2026), 31.68% (Q4 2025) and 32.43% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Tesla | 1,148.52 Bn | 983.08 Bn | 4.75 Bn | 16.83% |
| 2 | Toyota Motor | 242.17 Bn | -164.57 Bn | 20.95 Bn | 24.69% |
| 3 | Ferrari | 145.86 Bn | 138.30 Bn | 1.18 Bn | 52.59% |
| 4 | Honda Motor | 143.38 Bn | 10.76 Bn | 8.46 Bn | 22.24% |
| 5 | General Motors | 67.56 Bn | -37.30 Bn | 7.33 Bn | 15.26% |
| 6 | Ford Motor | 47.24 Bn | -95.23 Bn | 6.08 Bn | 12.59% |
| 7 | Rivian Automotive | 20.35 Bn | -2.94 Bn | 179.00 Mn | 10.80% |
| 8 | Magna International | 17.85 Bn | 15.41 Bn | 1.61 Bn | 14.68% |
| 9 | Stellantis | 12.63 Bn | -153.36 Bn | 5.55 Bn | 10.98% |
| 10 | Standard Motor Products | 829.50 Mn | 844.10 Mn | 164.62 Mn | 32.82% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 32.82% |
| Mar 31, 2026 | 30.85% |
| Dec 31, 2025 | 31.68% |
| Sep 30, 2025 | 32.43% |
| Jun 30, 2025 | 30.55% |
| Mar 31, 2025 | 30.17% |
| Dec 31, 2024 | 29.41% |
| Sep 30, 2024 | 30.40% |
| Jun 30, 2024 | 28.59% |
| Mar 31, 2024 | 27.01% |
| Dec 31, 2023 | 28.04% |
| Sep 30, 2023 | 29.70% |
| Jun 30, 2023 | 28.68% |
| Mar 31, 2023 | 27.82% |
| Dec 31, 2022 | 29.06% |
| Sep 30, 2022 | 28.00% |
| Jun 30, 2022 | 26.81% |
| Mar 31, 2022 | 27.83% |
| Dec 31, 2021 | 28.61% |
| Sep 30, 2021 | 28.41% |
Standard Motor Products Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=SMP&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "SMP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=SMP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();